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    Hitachi
    Conglomerate

    Hitachi

    Japan flagJapan

    "Innovating for a sustainable future"

    Founded 1910 Marunouchi, Chiyoda, Tokyo CEO: Toshiaki Higashihara
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    About

    Namihei Odaira started the enterprise in 1910 as an electrical machinery division within the Kuhara Mining Plant located in Hitachi, Ibaraki Prefecture. The organization separated into an independent company named Hitachi Ltd. in 1920 and has grown into one of Japan's largest industrial corporations ever since. Current headquarters sit in Marunouchi, Chiyoda, Tokyo.

    CEO Toshiaki Higashihara took office in 2020 to steer the conglomerate through its "Society 5.0" vision. This strategy merges information technology with operational technology to address societal challenges like climate change and digital transformation. The company operates across four main sectors: Digital Systems & Services, Smart Life Innovation, Industrial Solutions, and Energy.

    Financial data from mid-2024 shows a market capitalization of approximately 16.9 trillion yen, placing it as the fourth-largest company in Japan by value. Revenue for fiscal year 2023 reached roughly 9.7 trillion yen, with international markets generating about 61% of total sales. Asia accounted for the largest regional share at 22%, while Europe and North America each held 16%.

    Products & Sub-brands

    <em>Hitachi Rail</em><em>Hitachi Energy</em>HVAC systemsMedical imaging equipmentIndustrial robotsData centers

    Frequently Asked Questions

    Who owns Hitachi?
    Hitachi Ltd. is a publicly traded company listed on the Tokyo Stock Exchange with no single majority owner. Major shareholders include institutional investors such as The Master Trust Bank of Japan.
    Who is the current CEO of Hitachi?
    Toshiaki Higashihara has served as President and Representative Director since June 2020, leading the company's strategic shift toward digital transformation and sustainability.
    Is Hitachi still in business?
    Yes, Hitachi remains highly active and was the fourth-largest company in Japan by market capitalization as of mid-2024. It operates globally across energy, rail, healthcare, and industrial sectors.
    What happened to Hitachi Construction Machinery?
    Hitachi completed the divestiture of its remaining stake in Hitachi Construction Machinery in August 2026, fully separating the two entities to allow both companies to pursue independent strategic directions.
    Does Hitachi make air conditioners?
    Yes, Hitachi Cooling & Heating continues to manufacture residential and commercial HVAC systems, including VRF and wall-mounted units, primarily under the Hitachi brand in international markets.

    Keywords

    Japanese conglomerateindustrial automationpower transmissionrailway signalingmedical imagingSociety 5.0digital transformation

    Sources

    Hitachi Official SiteWikipediaEquipment WorldBloombergGE Vernova

    Company Info

    Founded
    1910
    Founder
    Namihei Odaira
    CEO
    Toshiaki Higashihara
    Headquarters
    Marunouchi, Chiyoda, Tokyo
    Industry
    Conglomerate
    Revenue
    9700000000000
    Employees
    368235
    Market Cap (Mid-2024)
    16.9 trillion yen
    Revenue (FY2023)
    9.7 trillion yen

    Official Website

    www.hitachi.com/

    Links

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